Retail & Commercial

Visa is teaming up with phonemaker Samsung Electronics to provide a financial program to enable mobile handsets to be used like a credit or debt card.

Rheo Brouillard, a longtime director at Bankers' Bank Northeast, was tapped to succeed Ralph Shulansky, who died of a heart attack last month.

Credit Suisse may be facing a probe by the Department of Justice over the company's sale of securities backed by residential mortgages, Reuters reported Friday, citing people familiar with the matter.

Take the Federal Housing Administration out of HUD and put it under a commission. A self-funded, independent government corporation would be a major step toward comprehensive housing finance reform.

Michael Crowley Jr., the chief executive at Bank Mutual in Brown Deer, Wis., is stepping down after 45 years with the company.

CO-OP Financial Services hopes the model used in one of the oldest staples of credit union cooperation, the shared branch, can drive new digital commerce innovation such as person-to-person payments and mobile remote deposit capture.

Most large banks are competing to build bigger and better branches, but HSBC is betting that smaller is smarter.

Seacoast Commerce Bank in San Diego has named David Bartram its new chief operating officer.

U.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis.

MasterCard Inc. today announced MasterPass, a digital wallet that supports mobile payments at the point of sale and online payments without the need to type a card number each time.